0da42ebbf1
Separates governance decisions from entities. decision_market type replaced
by type: decision in new decisions/ directory. Entities (companies, people,
protocols) remain in entities/{domain}/.
Architecture: Leo (schema), Rio (taxonomy), Ganymede (migration), Rhea (ops)
Implemented by: Epimetheus
Pentagon-Agent: Epimetheus <968B2991-E2DF-4006-B962-F5B0A0CC8ACA>
2.3 KiB
| type | entity_type | name | domain | status | parent_entity | platform | proposer | proposal_url | proposal_date | resolution_date | category | summary | tracked_by | created | key_metrics | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| decision | decision_market | Island: Futardio Fundraise | internet-finance | failed | island | futardio | xpmaxxer | https://www.futard.io/launch/FpFytak8JZwVntqDh9G95zqXXVJNXMxRFUYY959AXeZj | 2026-03-04 | 2026-03-05 | fundraise | Island.ag attempted to raise $50K for DeFi loyalty + hotel booking platform, reached only $250 before entering refunding status | rio | 2026-03-11 |
|
Island: Futardio Fundraise
Summary
Island.ag launched a futarchy-governed fundraise on Futardio seeking $50,000 to build a DeFi loyalty program combined with a hotel booking platform. The project proposed to help crypto users discover yields while earning Island Points redeemable for luxury hotel discounts. The raise failed dramatically, attracting only $250 in commitments (0.5% of target) before closing in refunding status after one day.
Market Data
- Outcome: Failed (refunding)
- Proposer: xpmaxxer
- Funding Target: $50,000
- Total Committed: $250 (0.5% of target)
- Duration: 1 day (2026-03-04 to 2026-03-05)
- Token: CGa
- Platform: Futardio v0.7
Significance
This fundraise represents one of the weakest market validations on the Futardio platform to date. The 200:1 gap between target and commitments suggests either fundamental skepticism about the DeFi-travel loyalty thesis, concerns about founder credibility (solo founder with hospitality background but limited crypto track record), or timing issues in the market cycle. The project's positioning as "extremely lean" with vibe-coded development and 80% marketing spend may have signaled insufficient technical depth for a capital-intensive two-sided marketplace.
The failure provides a data point on what Futardio's permissionless launch model filters out: projects that cannot attract even minimal community validation fail quickly and cleanly, with automatic refunds protecting early participants.